Crude oil futures rose during mid-morning trade in Asia March 26, as the market braced for the possibility that the Suez Canal may remain blocked by the stuck Ever Given container ship for days, while anticipation over the upcoming OPEC+ meeting continued to build in the background. R At 11:12 am Singapore time (0312 GMT), the ICE Brent May contract was up by 45 cents/b (0.72%) from the March 25 settle to $62.40/b, while the May NYMEX light sweet crude contract was up by 53 cents/b (0.97%) to $59.09/b. The jump in prices this morning comes as progress in refloating the Ever Given remains slow, raising concerns the ship could continue to block the Suez Canal for days. The Suez Canal is a critical commodity chokepoint that facilitates almost 10% of total seaborne oil […]